Naresh Steel Industries Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.88 Cr
- Company Age 24 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 122.00 Cr
- Satisfied Charges ₹ 2.50 Cr
- Revenue Growth -3.83%
- Profit Growth -69.44%
- Ebitda -25.77%
- Net Worth -11.28%
- Total Assets 23.75%
About Naresh Steel Industries
Naresh Steel Industries Private Limited (NSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 2000 and has a history of 24 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.88 Cr.
The company currently has active open charges totaling ₹122.00 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vipul Shah, Nareshkumar Shah, Prakash Shah, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27100MH2000PTC126003
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Company No.
126003
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Apr 2000
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Naresh Steel Industries Private Limited offer?
Naresh Steel Industries Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Commercial Property, Jewellery Making Tools & Machines, Jewellery Making Tools, Cold Rolled Coils, Tata Steelium Cold Rolled Coils, Steel and Stainless Steel Coils, Cold Rolled Steel, Fencing Wire, TATA Fencing Wire.
Who are the key members and board of directors at Naresh Steel Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipul Shah
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Director | 19-Apr-2000 | Current |
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Nareshkumar Shah
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Director | 19-Apr-2000 | Current |
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Prakash Shah
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Director | 19-Apr-2000 | Current |
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Chandrakant Shah
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Director | 19-Apr-2000 | Current |
Financial Performance of Naresh Steel Industries.
Naresh Steel Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.83% decrease. The company also saw a substantial fall in profitability, with a 69.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.28%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Naresh Steel Industries?
In 2023, Naresh Steel Industries had a promoter holding of 50.30% and a public holding of 49.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Poonya Steel Processors Private LimitedVipul Shah is a mutual person
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V.Kant Steels Private LimitedVipul Shah is a mutual person
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Rupraj Realty Infrastructure Private Limited
Vipul Shah is a mutual person
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Sujash Steel And Iron Private Limited
Nareshkumar Shah is a mutual person
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P&K Steeltech Private Limited
Prakash Shah is a mutual person
Charges (Loans)
₹122.00 Cr
₹2.50 Cr
Charges Breakdown by Lending Institutions
- Tata Capital Financial Services Limited : 30.00 Cr
- Citi Bank N.A. : 27.00 Cr
- Standard Chartered Bank : 25.00 Cr
- Icici Bank Limited : 25.00 Cr
- Yes Bank Limited : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2018 | Citi Bank N.A. | ₹5.00 Cr | Open |
| 21 Jun 2013 | Yes Bank Limited | ₹15.00 Cr | Open |
| 29 Aug 2012 | Tata Capital Financial Services Limited | ₹30.00 Cr | Open |
| 15 Feb 2011 | Citi Bank N.A. | ₹22.00 Cr | Open |
| 13 Mar 2008 | Standard Chartered Bank | ₹25.00 Cr | Open |
How Many Employees Work at Naresh Steel Industries?
Naresh Steel Industries has a workforce of 44 employees as of Jan 29, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Naresh Steel Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Naresh Steel Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.